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...earlier this decade by offering higher returns than investors could get in more conventional vehicles. Because they are largely unregulated, managers are free to employ a wide variety of sophisticated strategies, including short-selling (borrowing a stock and selling it in the hope of buying it later at a lower price to return to the original lender). The objective is to achieve - for hefty fees - consistent positive returns in good and bad markets, and at reduced risk. But the crash in global equity markets has dented fund performance and fractured investor confidence. In September alone, $43 billion fled...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

...distressing that the only proposed solutions involve rewarding more debt. Let's, at least for the short term, raise taxes on well-off corporations and wealthy individuals, stop senseless wars financed by debt and eliminate the income-tax deductions for home-mortgage interest. Plus, don't artificially lower interest rates - this punishes those who saved sensibly. And we must all prioritize our spending wisely. I'd rather have fewer mortgage brokers and more architects or engineers rebuilding this nation's decaying infrastructure. Joseph Oppenheim, Rancho Bernardo, Calif...

Author: /time Magazine | Title: Inbox | 11/13/2008 | See Source »

...prevent illness through food and exercise rather than waiting until they get sick and taking medicine. The company's advisers, he says, "see probiotics, particularly for immunity and digestive health, as the largest and most enduring functional food trend - significantly bigger than omega-3 and plant oils to lower cholesterol...

Author: /time Magazine | Title: Star Sip Enterprise | 11/13/2008 | See Source »

Situated on Manhattan's ultra-hip Lower East Side, the school is not actually blue, although evidence of its genesis is everywhere. As in the show, there are long tubes that snake around the corridors, through which children can talk to one another. Pupils are encouraged to mess with shaving cream. There's a spectacular water table, with balls and hoses and a Medusa's head of tubes. Every school day includes half an hour of "glow time," in which the shades are pulled, the black lights go on, and heretofore inconspicuous paintings and sculptures come to life. And there...

Author: /time Magazine | Title: At the Blue Man Group's School, Kids Rule | 11/13/2008 | See Source »

...world of lower fertility and less demand for human [strength],” Hausmann said, “the gender difference is eroding. So gradually we see women take on more equal roles in society...

Author: By Elyssa A. L. Spitzer, CONTRIBUTING WRITER | Title: New Study Notes World Gender Gap | 11/13/2008 | See Source »

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